HR Over Coffee

Welcome to HR Over Coffee, a blog and video series from the experts at HR360, where you will learn how to effectively hire, manage and terminate employees.

It's never too early (or too late!) to start taking advantage of the benefits of retirement planning. As a business owner, a retirement plan allows you to invest now for financial security when you and your employees retire. As a bonus, you and your employees can receive significant tax advantages and other incentives. Consider the following benefits of setting up a retirement plan:

Business Benefits

Employer contributions are tax-deductible.

Assets in the plan grow tax-free.

Flexible plan options are available.

Tax credits and other incentives for starting a plan may reduce costs.

The employee has an opportunity to improve financial security in retirement.

Retirement Plan Resources from the IRS

TheSmall Business Retirement Plan Resourcesprovided by the Internal Revenue Service include helpful information for choosing, operating and maintaining your retirement plan. Here is a list of resources to help you get started:

You can also check out theRetirement Plans Navigator, an online guide for choosing a retirement plan, maintaining it and correcting plan errors. For more information on sponsoring a retirement plan, please visit our section onRetirement Plans.